Corporate / Financial

Stellantis EVs: Did The Company Fail?

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Stellantis bet on the wrong approach to the EV transition; it misread demand, and it cost billions. The automaker is shifting back to combustion engines after overestimating EV adoption and failing to win buyers. Canceled EVs and bland products showed Stellantis’ electric strategy wasn’t working. Stellantis just posted its 2025 financial results, and it’s in the red for the first Read More

Porsche’s New Flagship SUV Won’t Be Electric—At Least, Not Initially

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Porsche is pumping the brakes, hard, on electric vehicles. Today, the company announced that it will tweak an upcoming three-row electric SUV, which will slot above the Cayenne. Instead of giving it a big battery, Porsche will launch it exclusively with a combustion engine and plug-in hybrid powertrain. Consumers aren’t adopting battery-electric vehicles as quickly as predicted, forcing Porsche and Read More